ImmutableX co-founder: The upcoming unlocked team IMX shares will continue to be locked for at least one year
Chain Catcher news, ImmutableX co-founder Robbie Ferguson tweeted that regarding the upcoming large unlock of IMX, most (over 50%) of the IMX team’s tokens allocated for continuing project development will be re-locked for at least one year, and they will not ask for any compensation. As for the other portion, most of the holders of the unlocked shares are our strategic partners, who have a long-term vision and will not sell in the short term.
According to TokenUnlocks data, 12.743% of the total supply of IMX will be unlocked on November 5, of which 6.73% is for project development (i.e., the majority mentioned by Robbie), and 6.01% is for the private placement. (Source link)
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